The answer is Bottom-Up estimates.
Bottom-up estimating involves the estimation of work at the lowest possible level of detail.
The estimates so calculated are then aggregated to arrive at summary totals. The probability to meet the estimated amounts improves substantially by building detailed cost and time estimates for a work package.
In other words, bottom-up estimating approximates an overall value by approximating values for smaller items and using the sum of these values as the overall value.
This cost estimation tool is often used when detailed information is available about lower-level activities. It can be especially useful when estimating projects that are similar to ones that were completed in the past.
Hence, a Bottom-Up estimate is a cost estimation tool that involves estimating individual work items or activities and summing them to get a project total.
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Which asset made belgium a good place to establish the first industrialized textile manufacturer.
John decides to save $10,000 per year for the next 10 years, and then $15,000 per year for the 10 years after that. He earns 8% per year on his investments. How much will he have in his savings at the end of the 20 years?.
Answer:
$ 45,000
Explanation:
First 10 yrs: $ 10,000
Second 10 yrs: $ 15,000
SI=Principal (P) ×Rate(R)×Time(T)/100
SI = PRT/100
FOR 1ST YEAR
SI=$10,000×8×10/100
SI=$8,000
Amount (A)= Principal (P) +Interest (I)
A= $10,000+$ 8,000
A= $18,000
FOR 2ND YEAR
SI=$15,000×8×10/100
SI=$12,000
A= $15,000+ $12,000
A=$ 27,000
TOTAL EARN FOR 20YEARS
ADDITION OF BOTH YEARS
$18,000+ $27, 000
TOTAL EARN = $45,000.
The remedy of quasi-contract generally applies only when __________. Multiple Choice there are more than three parties in a contractual agreement no actual contract exists to cover the dispute the contract is bilateral in nature no more than two parties expressly discuss the terms of their agreement implied warranties are included in a contract
In general, the quasi-contract remedy is only applicable where an actual contract covering the dispute doesn't exist.
How do quasi-contract remedies work?A court may impose an obligation without taking the parties' intentions into consideration because a quasi contract is not a legitimate contract. Restitution or recovery under a doctrine of quantum meruit are frequently used as remedies when a party sues for damages under a quasi-contract.
Is a quasi-contract a legal recourse?"As much as he has deserved" in Latin. An appropriate remedy that makes up for unjust enrichment. A person who has performed services under a quasi-contract may be awarded damages in an amount deemed reasonable. look at Quasi contract (or quasi-contract).
What is a good illustration of a quasi-contract?A person places an online order for some perishable goods by giving his address and making payment for the same. The products are delivered to the incorrect address by the delivery person at the time of delivery. The recipient accepts the order and consumes it rather than rejecting delivery.
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Using a discount rate of 10 percent, the present value of a $2,500 benefit received five years from now is
Using a discount rate of 10 percent, the present value of a $2,500 benefit received 5 years from now is $1,552.79.
Given the discount rate of 10%, the present value(PV) of a $2,500 benefit received five years from now can be calculated using the formula given below:
[tex]PV = \frac{CF}{ (1 + r) n}[/tex]
PV = Present value
CF = Cash flow = $2500
n = Number of years between the time of the future cash flow and the present day.
r = Discount rate = 10% = 0.1
present value(PV) of a $2,500 benefit received five years from now =
[tex]PV = \frac{2500}{ (1 + 0.1) 5}[/tex]
PV = $1,552.79
Hence, The present value of a $2,500 benefit received in five years, at a 10% discount rate, is $1,552.79.
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The study of how decisions are made when strategic interaction between firms exists is known as Group of answer choices Game theory. Contestable market theory. Predatory pricing theory. Market power theory.
The study of how decisions are made when strategic interaction between firms exists is known as game theory.
The study of mathematical models of strategic interactions between rational beings is known as game theory. It has uses in computer science, logic, systems science, and all branches of social science.
The field of applied mathematics known as game theory offers methods for examining scenarios in which parties, or players, make interdependent decisions. Each player must consider the potential decisions or strategies of the other players because of their interdependence.
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f the short-run IS-LM equilibrium occurs at a level of income below the natural level of output, then in the long run the price level will ______, shifting the ______ curve to the right and returning output to the natural level. a. increase; IS b. decrease; IS c. increase; LM d. decrease; LM
Decrease; LM
When the total amount of output required and supplied equals one another, an economy is in short-run equilibrium. When total output and total demand are equal, this is referred to as short-run equilibrium.As usual, the LM curve is produced for a set price level P1. The point K where the IS curve crosses the LM curve represents the short-run equilibrium of the economy. Take note that the economy's income is lower than its natural level in this short-run equilibrium.Economic equilibrium in economics refers to a scenario where supply and demand are balanced and the values of economic variables do not change in the absence of external factors.Thus this is the answer.
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Assuming technology and production techniques are fixed and cannot change, if beyond some point of production a firm experiences declining units of additional output with each additional unit of labor input, then the firm is experiencing the effects of the law of ______.
Based on the given scenario, it can be inferred that the firm is experiencing the effects of the law of diminishing returns
What is diminishing returns?This refers to the economic law that states that if production techniques are fixed and a firm is not able to increase output and faces declining units, then it is in the decline of resources/production.
Hence, we can see that based on the given scenario, we can see that this is the perfect description of diminishing returns because additional units cannot be produced.
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Can someone Plss help
The factors that can impact the elasticity of demand are:
necessity versus luxury
availability of substitutes
What is the elasticity of demand?Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
The more close substitutes a good has, the more elastic its demand. This is because if price is increased, consumers can easily shift to the consumption of an alternative product.
Goods that are deemed as necessities usually have an inelastic demand. While goods that are deemed a luxury usually have elastic demand.
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Federal employment discrimination laws restrict the ability of employers to discriminate against workers on the basis of Group of answer choices education. experience. all of the choices. gender.
Option d. Federal employment discrimination laws restrict the ability of employers to discriminate against workers on the basis of gender.
What is discrimination?This is the type of bias that may exist in the society because of where a person is from, their tribe, religion and their beliefs.
Discrimination based on gender is an offense against an employee who is competent and qualified for a job.
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International trade policies benefiting from specialization and comparative advantage can make the average worker better off, but a tradeoff is ________.
The trade off is workers could lose their jobs.
What is the trade of?Trade policies state that a country should specialise in the production of the good for which it has a comparative advantage in. A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries.
When a country specialise in the production of the good for which it has a comparative advantage in, workers that works in the industry the country does not have a comparative advantage in would lose their jobs.
Here are the options:
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Henry gets a help desk call from Arthur in Accounting who reports that his keyboard is not working. This seems like a familiar problem, one that another tech mentioned a short time back. Where should he look to find information on the problem
Henry gets a help desk call from Arthur in Accounting who reports that his keyboard is not working. This seems like a familiar problem, one that another tech mentioned a short time back. Henry should check the incident documentation to see if there's a history of problems with the computer at that workstation.
An incident report or accident report is a form that is filled out in a health care facility, such as a hospital, nursing home, or assisted living, to record information about an unexpected event that occurs at the facility, such as an injury to a patient.
The following are some of the important advantages of incident reporting: - It helps to prevent serious accidents by identifying safety issues early and resolving them. - It conserves time and resources that might otherwise be used to deal with accidents that are more serious.
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Ryleigh knows that it is crucial to ensure that key business decisions are made using high-quality data. She argues that this is one reason why her firm should invest in _____. Group of answer choices a DDL increased data redundancy improved data management a DaaS
She argues that this is one reason why her firm should invest in (C) improved data management.
What is DDL?
Data Definition Language (DDL) is a programming language that is used to construct and m modify the structure of items in a database by utilizing a predefined command and a specified syntax. Tables, sequences, locations, aliases, schemas, and indexes are examples of database objects.What is data redundancy?
Data redundancy can increase the size and complexity of a database, making maintenance more difficult. A larger database can also result in longer load times and a lot of hassles and disappointments for staff because they will have to spend more time on everyday duties.What is data management?Data management is the technique of gathering, organizing, safeguarding, and preserving an organization's data in order to evaluate it for business decisions. Data management solutions are becoming increasingly important as organizations generate and consume data at unprecedented rates.What is DaaS?Desktop as a Service (DaaS) is a cloud computing solution in which a service provider distributes virtual desktops to end customers via the Internet for a fee per user.Reason -As the definition of data management says it is the technique of gathering, organizing, safeguarding, and preserving an organization's data in order to evaluate it for business decisions.
Therefore, she argues that this is one reason why her firm should invest in improved (C) data management.
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Complete question:
Ryleigh knows that it is crucial to ensure that key business decisions are made using high-quality data. She argues that this is one reason why her firm should invest in _____.
(A) A DDL
(B) increased data redundancy
(C) improved data management
(D) A DaaS
The CEO of Informatix Co., suggested to the board of directors that if the firm was going to adopt a transnational strategy, rather than having treasury operations situated in the headquarters, the company should relocate this operation to London in order to enhance access to financial markets. Consequently, the treasury operations would still be centralized, but situated in a different location. Flexible specialization, or excentralization, is an important attribute of firms that adopt a transnational strategy.
a. True
b.False
A) True;
With flexible specialization, transnational companies enjoy the complementary benefits of scale economies with the flexibility of accessing low input costs or scarce resources.
Transnational Strategy: What Is It?A company is considered transnational if it has additional operations and assets abroad in addition to its central operations, which are situated in one country. A brand's level of global integration and local response is determined by its transnational strategy.
This isn't the only way that businesses grow internationally; in fact, many opt for completely different strategies, like:
International policyDomestic multi-faceted strategya world strategyLearn more about the transnational strategy with the help of the given link:
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A physical asset such as a high-definition, flat-screen TV or a Harley Davidson motorcycle is called a(n) Question 74 options: tangible asset. investment. financial asset. liability.
A physical asset such as a high-definition, flat-screen TV or a Harley Davidson motorcycle is called a tangible asset.
A tangible asset is an asset that has a physical substance. Examples include inventory, buildings, vehicles, production equipment or machinery, office furniture, and so on. There are two types of fixed assets: inventory and fixed assets.
You can literally touch something concrete. Like a broken window, the stone is palpable. If the stone is next to the window, this may be concrete evidence of vandalism. When we say that the tension in the room is felt, it means that we feel it very strongly and look almost physical.
The main difference between tangible and intangible is that tangible is something that a person can see, feel, and touch, and thus has a physical existence, whereas intangible is something that a person can see, feel, and feel. It has no physical existence because it cannot be touched. ..
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51 Which of the following is the best estimate, in feet, for personal distance in Western cultures? Multiple Choice O
a) 0-1.5
b) 15-4
c) 5-8
d) 10-12
c) 15-25
The correct option is b) 1.5-4. The best estimate for personal distance in Western cultures is around 1.5 to 4 feet.
What is meant by personal distance?The term personal distance is often used to describe the physical space distance between communicating parties in western cultures. For example, when people are talking in a group setting or in a one-on-one setting, the physical distance between them that is viewed as appropriate makes up for the personal distance range.
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When the amount of use of a fixed asset varies from year to year, the method of determining depreciation expense that best matches allocation of cost with revenue is
The most suitable depreciation method is the unit of output method.
What is the unit of output method?The unit of output method allocates depreciation expense based on the output of the machine in a particular year.
For example if a machine that costs 10,000 and has a salvage value of 1000 produces 100 output in year 1. The total output capacity of the machine is 1000.
Depreciation in year 1 = (100 / 1000) X (10,000 - 1000)
0.1 X 9000 = 900
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Currently, a government's budget is balanced. The marginal propensity to consume is 0.80. The government has determined that each additional $10 billion in new government debt it issues to finance a budget deficit pushes up the market interest rate by 0.20 percentage points. It has also been determined that every 0.10 (one-tenth) percentage-point change in the market interest rate generates a change in planned investment expenditures equal to $4 billion. Finally, the government knows that to close a recessionary gap and take into account the resulting change in the price level, it must generate a net rightward shift in the aggregate demand curve equal to $200 billion.
Assuming that there are no direct expenditure offsets to fiscal policy, calculate the increase in government expenditures necessary to close the recessionary gap. (Hint: How much private investment spending will each $10 billion increase in government spending crowd out?)
$ ___ billion. (Enter your response rounded to two decimal places.)
The amount of $25.00 billion will be the private investment spending that each $10 billion increase in government spending will crowd out.
What is the explanation on government expenditure?When the government expenditure increased by $1 billion, the planned investment expenditure will falls by $0.20 billion., hence, for each $1 billion increase in government spending, there is a net change in intial spending of $0.2 billion
Also, the aggregate demand curve will shift to the right by the net change in spending multiplied by the multiplier, which equals 1- MPC.
Hence, the net increase in AD due to the $1 billion increase in government expenditure is equals what is known as the net multiplier.
Therefore, the amount of $25.00 billion will be the private investment spending that each $10 billion increase in government spending will crowd out.
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Rice Corp. noticed that a check written by the company for utility expense in the amount of $1,000 was incorrectly recorded by the bank as $1,100. What entry needs to be recorded to correct this error
No entry is required on the company's books.
What is a journal entry?The date, the amount to be credited and debited, a brief description of the transaction, and the accounts involved are all included in each journal entry along with other information pertinent to a single business transaction. Depending on the business, it could include a list of the impacted subsidiaries, tax information, and other details.
Journal entries are of six main types, that is:
Opening EntriesTransfer EntriesClosing EntriesAdjusting EntriesCompound EntriesReversing EntriesTo know more about Adjusting Entries refer to: https://brainly.com/question/13449237
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Discriminatory practices that are deeply embedded in institutions such as education, health care, business, and criminal justice, even when very few if any people are deliberately trying to discriminate, are __________.
An institutional discrimination is the discrimination that occurred in institutions such as education, health care, business and criminal justice.
What is an institutional discrimination?This refers to a prejudicial practices within an institutions that often result in the systematic denial of resources or opportunities to the members.
Hence, it is the type of discrimination that often occurred in institutions such as education, health care, business and criminal justice.
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Marginal revenue is the change in Group of answer choices None of the Answers are Correct. Total revenue when output is changed. Total revenue when price is changed. Average revenue when output is changed. Average revenue when price is changed.
Marginal revenue is the change in total revenue when output is changed.
Marginal revenue refers to the increase in revenue that is a consequence of the sale of an additional unit of output.
When the level of output increases, marginal revenue decreases as the law of diminishing returns operates. Marginal revenue also refers to the gradual increase in income owing to the sale of an additional unit of output. In a perfectly competitive market, companies seek to produce output to the degree where marginal revenue equals marginal cost. Total output change is linked to the change in total revenue that results in marginal revenue. Marginal revenue helps determine the revenue generation from an additional unit of production which is beneficial for companies seeking to increase profits.Therefore, marginal revenue is the change in total revenue when output is changed.
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Buster Industries pays weekly salaries of $44,700 on Friday for a five-day week ending on that day. The adjusting entry necessary at the end of the fiscal period ending on Tuesday is
The adjusting entry for the form on weekly salaries includes a debit to Salary Expense for $12,000 and a credit to Salaries Payable for $12,000.
What are salaries account?In an entry, it will be a debit to the Salary and corresponding credit to the the Bank account.
Because its pays weekly salaries of $44,700 on Friday for a five-day week ending on that day, the adjusting entry will includes a debit to Salary Expense for $12,000 and a credit to Salaries Payable for $12,000.
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You permanently assign employees from different functions to product teams in which they report only to the product team supervisor. What type of organizational structure did you adopt
The type of structure adopted is functional in the organizational structure .
Organizational structureOrganization Structure and Design Use your knowledge of organizational structure to select the term that best completes enrichment . If you want to group people with the same types of his into the same departments the marketing department, the accounting department etc.), you would use a organizational structure. Use your knowledge of organizational structure to select the term that best fits each scenario or description You permanently assign employees from different functions to product teams in which they report only to the product team supervisor What type organizational structure did you adopt? A team-based structure A network structure A lattice structure Read the following brief case study and answer the question that follows. You have recently been assigned responsibility for restructuring your organization. Your company has grown considerably over the past five years, and company leaders recognize that change is needed. The company was founded ten years ago and this is the first time any attention has been paid to how employees are grouped. You understand the importance of the decisions that you are about to make and sit down at your desktop reflect on what the company needs going forward. You decide to group employees based on what they know.
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Market share can be measured as the ratio of a firm's Blank______ compared to those of the total industry.
Market share can be measured as the ratio of a firm's Blank production compared to those of the total industry.
What is market share?Market share is used to measure the total amount of sales in a company.
The sale's in measured in percentage and the production also can be measured with it.
Therefore, Market share can be measured as the ratio of a firm's Blank production compared to those of the total industry.
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Maya owes the credit card company $20,000, her adjustable rate mortgage has just gone up, and she has been out of work for three months. Her husband of 15 years just told her he is having an affair and wants a divorce. With that news, she collapsed and had to be taken to the emergency department. According to Selye, Maya is in which stage of the general adaptation syndrome
Maya is in the exhaustion stage of the general adaptation syndrome.
What is the exhaustion stage?This stage is caused by long-term or chronic stress.Long durations of stress can deplete your physical, emotional, and mental resources to the point that your body no longer has the strength to combat stress. You may despair or believe your position is hopeless.The exhaustion stage of the General Adaptation Syndrome is characterized by a rise in resting heart rate, often known as tachycardia. Hypertension is defined as an unprovoked increase in heart rate. Hyperglycemia is a spike in blood sugar.As Maya owns a company and running a business is a headache and she has been out of work for three months in addition her husband told her that he had an affair and filing a divorce made her exhausted and collapsed.
Therefore, Maya is in the exhaustion stage of the general adaptation syndrome.
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The issues addressed at the Bretton Woods in _____________ included exchange rate disequilibrium, reduction of trade barriers (protectionism), and economic recovery after the war.
The issues addressed at the Bretton woods in 1944 included exchange rate disequilibrium, trade barriers (protectionism) reduction, and economic recovery after the war.
After the second world war, the delegates of 44 countries participated in the Bretton woods conference. The conference was held for 22 days(1st July to 22nd July 1944). The outcome of the Bretton woods conference was a general agreement related to trade, reconstruction of European economics, etc.
The conference resulted in two multilateral institutions and one general agreement:
International monetary funds(IMF).Internation bank of reconstruction and development(World Bank)General agreement on trade and tariffs(GATT).This multilateral institution provides assistance to countries devastated by world wars and the general agreement of trade helped in the economic integration of world economies. This system pegged the currency of countries to the dollar.
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The ________ stage in Russell Colley's hierarchical model of the communication process deals with getting the consumer to purchase the product. Group of answer choices
The action stage in Russell Colley's hierarchical model of the communication process deals with getting the consumer to purchase the product. Group of answer choices.
Cory suggested that decision-making in advertising involves a hierarchical chain of theory. At the enterprise level, theory seeks to explain how an enterprise achieves its profit goals. Theory suggests that this can be done by selling goods. After that, selling the product becomes a marketing goal.
The DAGMAR model defines the four steps of an effective advertising campaign as recognition, understanding, persuasion, and action. This model emphasizes the definition of the market segment that the campaign is about to reach. DAGMAR also requires an assessment of the success of the campaign against pre-established benchmarks.
The DAGMAR approach is used by many ad planners to plan their advertising and marketing. This approach is also used to set advertising goals and measure results against plans.
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Statistical arbitrage is a version of a ______ strategy. A. relative value B. directional C. divergence D. market neutral
Statistical arbitrage is a version of a market neutral strategy.
What is a market neutral strategy?A market-neutral strategy is a type of investment strategy that seeks to profit from both increasing and decreasing prices in one or more markets while attempting to completely avoid some specific form of market risk.
Known as a market-neutral strategy, the investment selections seek to avoid significant lossesThe long and short positions serve as a hedge to one another.The two main types of market-neutral strategies are fundamental arbitrage and statistical arbitrage.The main investment objective is absolute returns rather than relative returns.Learn more about market neutral strategy here:
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Statistical arbitrage is a version of a market-neutral strategy. So the correct answer is an option (D) i.e. market neutral.
What is a market-neutral strategy?A market-neutral strategy is a type of investment strategy that seeks to profit from both increasing and decreasing prices in one or more markets while attempting to completely avoid some specific form of market risk.Known as a market-neutral strategy, the investment selections seek to avoid significant lossesThe long and short positions serve as a hedge to one another.The two main types of market-neutral strategies are fundamental arbitrage and statistical arbitrage.The main investment objective is absolute returns rather than relative returns.Learn more about market neutral strategy here:
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A project with a life of one year has earnings before interest and taxes of $5,750, fixed costs of $50,000, a selling price of $13 a unit, and a sales quantity of 11,500 units. Depreciation is $7,500. What is the variable cost per unit
$7.50 is the variable cost per unit.
Given selling price is $13 a unit, sales quantity 11,500 units, depreciation is $7,500, EBIT $5,750 and fixed cost of $50,000.
Variable cost is to be computed.
The formula to compute the EBIT is given below:
EBIT = [Units * (Selling price - Variable cost per unit)] - Fixed costs - Depreciation
$5,750 = [11,500 * ($13 - Variable cost per unit)] - $50,000 - $7,500
$5,750 = $149,500 - 11,500Variable cost per unit - $50,000 - $7,500
11,500Variable cost per unit = $149,500 - $50,000 - $7,500 - $5,750
11,500 Variable cost per unit = $86,250
= $86,250 / 11,500
= $7.50
Therefore, the variable sot per unit is $7.50.
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Select all that apply Benefits of small amounts of inflation include Multiple select question. more expansionary monetary policy. the elimination of the money illusion. the elimination of unemployment. the facilitation of relative prices changes. the placebo effect.
Benefits of small amounts of inflation include more expansionary monetary policy, the placebo effect, and the facilitation of relative price changes.
What is meant by inflation?Inflation is the term used to describe the rate of price rise for goods and services.
It is sometimes used to categorize inflation according to cost-push, demand-pull, and built-in factors.
The two most popular inflation measures are the Consumer Price Index and the Wholesale Price Index.
Inflation can be viewed favorably or badly depending on the perspective and rate of change.
Inflation may be advantageous for those who own tangible assets since it will raise the value of their holdings, such as real estate or goods that are kept in storage.
Inflation's primary causes include:
Consumer-driven inflationPrice-driven inflationmore money availableDevaluationincreasing payRegulations and policiesBenefits of Inflation: In order to meet increasing demand, production must increase. Additionally, debtors benefit from inflation because they can return their loans with funds that are less valuable than the funds they borrowed. This promotes borrowing and lending, which boosts expenditure on all levels once more.
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A consultant hired to evaluate Blue Street Bank's business processes and controls judges that they are haphazard and incomplete. Bess, an executive at the bank, wisely says that _____. Group of answer choices they must establish more rigorous management practices to govern their data this is not a significant cause for concern given the nature of their business no action is necessary since this does not violate external regulations while this is a problem, it cannot affect their ability to make good business decisions
Bess, an executive at the bank, wisely says that (C) no action is necessary since this does not violate external regulations.
Who is a consultant?A consultant is a professional who gives advice and other useful services in their field of expertise. Consulting services are often classified as professional services.Who is an executive?A business executive is someone who is in charge of running a company, albeit the particular nature of the function varies depending on the company. Executives are in charge of companies or government bodies. They devise strategies to help their organizations grow.Because the present circumstance does not infringe external regulations, no action is required.
Therefore, the correct answer is (C) No action is necessary since this does not violate external regulations.
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